Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’

Quote from: bitebits on Today at 11:26:34 AM

Quote from: Popkon6 on Today at 08:49:44 AM

Strategy’s Michael Saylor says the US should aim to hold 20% of Bitcoin
“The real promise is if you own 4-6 million BTC, you’re going to pay off the national debt,” says the Strategy founder.

Strategy founder Michael Saylor has stressed the importance of America having a strategic Bitcoin reserve, suggesting that it should buy up 20% of the BTC network.

“There’s only room for one nation-state to buy up 20% of the network, and obviously, I think it should be the United States, I think it will be the United States,” Saylor said at the CPAC conservative movement conference in Washington DC on Feb. 20.
Source: https://cointelegraph.com/news/michael-saylor-us-buy-20-percent-bitcoin-cpac-conference

Only America has said that it will hold 20% of Bitcoin, but every country should think about investing in Bitcoin in this way for the long term. Bitcoin is the only reliable coin that is the best investment opportunity, and it plays a huge role in the economy of the country, and if a country plans to pay off its debt, it is also possible through this Bitcoin. It is possible to make the entire nation prosperous by holding this Bitcoin, if you don't believe it, look at Michael Saylor.

Source: https://www.youtube.com/watch?v=wLIjXVOFfYw (some loud shitcoiners in the crowd unfortunately)

I listened to that interview at 1.5x, and I was a bit surprised that Saylor spend quite a bit of time talking about the power of self-sovereignty through bitcoin, and so there seems to be a bit of irony that as far as we know, Saylor and/or MSTR has most, if not all, of his coins with custodians.